← OHIO LABORERS DISTRICT COUNCIL OHIO CONTRACTORS ASSOCIATION INSURANCE

Form 990 for tax year 2023

Filed by OHIO LABORERS DISTRICT COUNCIL OHIO CONTRACTORS ASSOCIATION INSURANCE.

Totals

Total revenue: $198,407,269
Total expenses: $201,636,005
Contributions and grants received: $0
Grants paid: $0
Program service revenue: $194,951,246
Investment income: $3,170,074
Other revenue: $285,949
Total assets, end of year: $213,250,085
Total liabilities, end of year: $785,362
Net assets or fund balances, end of year: $212,464,723
Program services expenses (Part IX): $191,970,515
Management and general expenses: $9,665,490
Fundraising expenses: $0
Program service expenses (Part III): $191,970,515

Program services were 95.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1a · Federated campaigns

$0
1b · Membership dues

$0
1c · Fundraising events

$0
1d · Related organizations

$0
1e · Government grants (contributions)

$0
1f · All other contributions, gifts and grants

$0
1g · Noncash contributions included above

$0
2a · Program service revenue: Employer Labor Contributions

total $181,933,424 · related or exempt $181,933,424 · unrelated business $0 · excluded $0
2b · Program service revenue: Employee Labor Hourly

total $13,017,822 · related or exempt $13,017,822 · unrelated business $0 · excluded $0
2c · Program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
2d · Program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
2e · Program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $1,440,945 · related or exempt $1,440,945 · unrelated business $0 · excluded $0
4 · Income from investment of tax-exempt bond proceeds

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
5 · Royalties

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6a · Gross rents

real property $0 · personal property $0
6b · Less rental expenses

real property $0 · personal property $0
6c · Rental income or loss

real property $0 · personal property $0
6d · Net rental income or loss

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
7a · Gross sales of assets other than inventory

securities $17,038,829 · other assets $0
7b · Less cost or other basis and sales expenses

securities $15,309,700 · other assets $0
7c · Gain or loss

securities $1,729,129 · other assets $0
7d · Net gain or loss

total $1,729,129 · related or exempt $1,729,129 · unrelated business $0 · excluded $0
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$0
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0 · unrelated business $0 · excluded $0
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
10a · Gross sales of inventory

$0
10b · Cost of goods sold

$0
10c · Net income from sales of inventory

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11a · Other revenue: Liquidated Damages

total $285,949 · related or exempt $285,949 · unrelated business $0 · excluded $0
11b · Other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11c · Other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$285,949

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $0 · program services $0
2 · Grants to domestic individuals

total $0 · program services $0
3 · Grants to foreign organizations and individuals

total $0 · program services $0
4 · Benefits paid to or for members

total $191,970,515 · program services $191,970,515
5 · Compensation of officers, directors and key employees

total $0 · program services $0 · management and general $0 · fundraising $0
6 · Compensation of disqualified persons

total $0 · program services $0 · management and general $0 · fundraising $0
7 · Other salaries and wages

total $0 · program services $0 · management and general $0 · fundraising $0
8 · Pension plan contributions

total $0 · program services $0 · management and general $0 · fundraising $0
9 · Other employee benefits

total $0 · program services $0 · management and general $0 · fundraising $0
10 · Payroll taxes

total $0 · program services $0 · management and general $0 · fundraising $0
11a · Fees: management

total $8,873,007 · program services $0 · management and general $8,873,007 · fundraising $0
11b · Fees: legal

total $164,563 · program services $0 · management and general $164,563 · fundraising $0
11c · Fees: accounting

total $57,655 · program services $0 · management and general $57,655 · fundraising $0
11d · Fees: lobbying

total $0 · program services $0 · management and general $0 · fundraising $0
11e · Fees: professional fundraising services

total $0 · fundraising $0
11f · Fees: investment management

total $362,511 · program services $0 · management and general $362,511 · fundraising $0
11g · Fees: other

total $17,636 · program services $0 · management and general $17,636 · fundraising $0
12 · Advertising and promotion

total $0 · program services $0 · management and general $0 · fundraising $0
13 · Office expenses

total $161,198 · program services $0 · management and general $161,198 · fundraising $0
14 · Information technology

total $0 · program services $0 · management and general $0 · fundraising $0
15 · Royalties

total $0 · program services $0 · management and general $0 · fundraising $0
16 · Occupancy

total $0 · program services $0 · management and general $0 · fundraising $0
17 · Travel

total $919 · program services $0 · management and general $919 · fundraising $0
18 · Travel or entertainment for public officials

total $0 · program services $0 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $0 · program services $0 · management and general $0 · fundraising $0
20 · Interest

total $0 · program services $0 · management and general $0 · fundraising $0
21 · Payments to affiliates

total $0 · program services $0 · management and general $0 · fundraising $0
22 · Depreciation, depletion and amortization

total $0 · program services $0 · management and general $0 · fundraising $0
23 · Insurance

total $28,001 · program services $0 · management and general $28,001 · fundraising $0
24a · Other expenses

total $0 · program services $0 · management and general $0 · fundraising $0
24b · Other expenses

total $0 · program services $0 · management and general $0 · fundraising $0
24c · Other expenses

total $0 · program services $0 · management and general $0 · fundraising $0
24d · Other expenses

total $0 · program services $0 · management and general $0 · fundraising $0
24e · All other expenses

total $0 · program services $0 · management and general $0 · fundraising $0
26 · Joint costs (an allocation of the lines above)

total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $3,468,675 · end of year $3,545,350
2 · Savings and temporary cash investments

beginning of year $13,995,603 · end of year $10,041,133
3 · Pledges and grants receivable

beginning of year $0 · end of year $0
4 · Accounts receivable

beginning of year $13,610,618 · end of year $14,451,797
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $2,773,241 · end of year $3,412,736
10a · Land, buildings and equipment: cost or other basis

$0
10b · Land, buildings and equipment: accumulated depreciation

$0
10c · Land, buildings and equipment, net

beginning of year $0 · end of year $0
11 · Investments: publicly traded securities

beginning of year $165,233,026 · end of year $181,672,816
12 · Investments: other securities

beginning of year $0 · end of year $0
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $149,499 · end of year $126,253
17 · Accounts payable and accrued expenses

beginning of year $790,603 · end of year $778,587
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $0 · end of year $0
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $4,873 · end of year $6,775
29 · Capital stock, trust principal or current funds

beginning of year $0 · end of year $0
30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $0 · end of year $0
31 · Retained earnings, endowment or other funds

beginning of year $198,435,186 · end of year $212,464,723

Mission and programs · 2023

Mission

The Fund's purpose is to provide the members health and welfare benefits through the Fund's market performance. For 2021 members served was approximately 15,000.

Activities or mission (Part I)

The Fund's purpose is to provide the members health and welfare benefits through the Fund's market performance. For 2023 members served was approximately 16,000

The Fund's purpose is to provide its members and their families health and welfare benefits. For 2021 members served was approximately 15,000.

Expenses $191,970,515 · Revenue $198,407,269

As filed on the 2023 return.

Listed in Part VII

Robert Richardson

Chairman

Total calculated

$0

Hours/week

1
Scott Erick

Board member

Total calculated

$0

Hours/week

2
Ralph Cole

Board member

Total calculated

$0

Hours/week

2
Anthony Liberatore Jr

Board member

Total calculated

$0

Hours/week

1
James Ruhlin

Secretary

Total calculated

$0

Hours/week

1
Robert McCaskill

Board member

Total calculated

$0

Hours/week

1
Mitch Trucco

Board member

Total calculated

$0

Hours/week

1
Eric Girard

Board Member

Total calculated

$0

Hours/week

1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

LDCandC PENSION FUND OF OHIO

N/A · PENSION BENEFITS · OH

Directly controlled by NA
OHIO LABORERS TRAINING AND APPRENTICESHIP

501(C)(3) · TRAINING & APPRENTICESHIP · OH

Directly controlled by NA
OLDC OCA COOP & EDUCATION TRUST

501(C)(5) · RESOLUTION OF INDUSTRY MATTERS · OH

Directly controlled by NA

Provenance

Return type: form_990
Tax year: 2023
Filed: 17 October 2024
IRS schema version: 2023v5.1
Source object: 202402919349300500

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